Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4987. (Read 9723803 times)

what is going on with the damn
price

it went to 0.017 now down to 0.014

When I download the Windows binary miner, both Chrome browser and Kaspersky Anti-Virus say there is a virus, and stop it.

*sporking now 

Price is a reflection of the risk involved in forking a coin.

How can I ignore the price!!! I need more BTC urgent!!! I must buy some cheap DRKs now!!! But how?
I'm desperate already!!!
Oh boy, it sucks to be poor!!!
(i want my masternode so hard, but I can't afford it )

If other coin can dump drk using their multipool why shouldn't we do the same?
Use our DRK MULTIPOOL @ XPOOL.CA

When I say USD price I mean calculating it by multiplying USD/BTC x BTC/DRK (e.g. 600 * 0.15 = $9).


When you say that you imply the same gains can be made from holding DRK as holding BTC. I think it's pretty clear that the prices often move independently from each other. The BTC/DRK rate almost always moves down when the USD/BTC rate moves up.

by now drk is mainly traded with btc, usd markets are far to small to define the price..
in your example btc moved up and drk went down, as long as drk went down it makes sense moving to btc. the btc rise is non relevant

the prices on cmc are based on BTC/USD rate

I think the point I'm really trying to make is DRK has a USD price. DRK moving from 0.015 to 0.014 is not necessarily down in USD. People around here seem to think that nobody looks at the USD price and only the BTC price.

To give another example say I had 1DRK which was worth $10 at 10:00am, while BTC was trading at $600. Then at 6:00pm my DRK was still trading at $10, but BTC had moved to $630.

With regard to the market, I think one has to consider the following:

1) MN payments are working, but I don't think that was ever really in doubt. After all, they were working properly at the last attempt at a hard fork (June 20) so there isn't any reason to expect that they wouldn't work now. So working MN payments are already priced in.

2) In the near term, the market is waiting for enforcement to go off without a hitch. The spork method is still new and is so far untried, so there is a lot of waiting to see how well that goes.

2a) Too many non-complying pools and bad actors is likely throwing a monkey wrench in planning. People are worried about what will happen without a supermajority consensus. How do we get pools to comply? How do we pull off the actual fork (since that's what enforcement is, essentially) without a very strong consensus? Will checkpointing (and the centralization that it implies) be necessary to pull this off? These questions aren't insoluble, they're just on everybody's mind.

3) Darksend is awesome but as a practical matter isn't particularly useful to anybody due to the 10 DRK limit. Once this is raised or abolished (RC4 presumably), DRK will suddenly become a lot more functional.

4) People are waiting for an announcement of the anonymity enhancements that are coming in RC4.

5) People are waiting for RC5, open source, and beyond.

I think the next steps are: a) get enough pools on board to form a supermajority of good actors, b) turn on enforcement, c) release details on RC4 anonymity enhancements, d) set a tentative date for RC4 testing to begin.

I expect this week we'll see some of those steps coming to pass. It's just a matter of HODLING.

moving from drk to btc makes obviously sense in case of a drk downtrend, btc moving up cannot be the reason. It would mean if BTC is on uptrend your loosing money being invested in dark, but thats not the case

PoS though.

Care to explain why?

nonsense

Well in the teams defense:
one, the price drop mostly has occurred on the weekend which is when Evan has recently been more quiet -- let's see what happens over the next few days
  
two, I am not sure if we want to brag about non-enforced MNs payments anyway -- especially since 50% of the pools are still non-compliant

and three, given all the problems to date with enforcement -- coming out now and setting dates beyond that is risky (might lead to delays which alway play poorly in the market).

My advice... ignore the price and sit tight.

Just found a new one !
Darkcoin's little sister, with projects of LightNodes  
https://bitcointalksearch.org/topic/annlit-lightcoin-mobile-mining-android-wallet-to-stake-pos-on-bittrex-649890

I bought a multiple of 1,000, just in case  

Also take into account that a lot of DRK has been being dumped by multipools in the last few days with Darkcoin being the more profitable X11 coin.   That doesn't last forever.

Multipools push the price down, when the coin isn't being gang mined by multi poolers, the price comes back up.

I don't know why (yet), but I have a feeling we'll have very violent and rapid rebound soon, possibly after an announcement.

Holy crap, has Litecoin gone down. I knew it would go down, but it's happening sooner than I thought. Making some room for the new #2.